TPMDC
Congressional Budget Office: November 2009

Congressional Budget Office

CBO: Health Care Reform Will Lower Out-Of-Pocket Burden For Most Consumers


Sen. Evan Bayh (D-IN)

A new CBO report, requested by Sen. Evan Bayh (D-IN) contains some helpful, though not unexpected information about the impact of Senate health care legislation on insurance premiums, particularly in the individual market.

According to CBO, average premiums in the individual market would increase 10 to 13 percent because of provisions in the Senate health care bill, but, crucially, most people (about 57 percent) would actually find themselves paying significantly less money for insurance, thanks to federal subsidies for low- and middle-class consumers, than they would under current law.

Those are two separate findings, but it seems likely that Republicans will use the former finding to attack reform, claiming it will raise people's premiums, and leave people confused about the second finding, which is actually the one that impacts people's pocket books.

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Topics: CBO, Congressional Budget Office, Evan Bayh, Health Care, Senate

Ben Nelson

Will Concessions, And A Trim CBO Score, Appease Conservative Democrats On Health Care?


Sen. Mary Landrieu (D-LA), Sen. Ben Nelson (D-NE)

Conservative Democrats couldn't have asked for better top-line numbers from the CBO on Senate health care legislation. Low total cost, big long-term deficit reductions, millions insured, and a public option that insures perhaps one percent of the population. But is that enough to actually cool their heartburn?

Well, yes and no.

"Listen, anytime you add more to deficit reduction, you have to say that it's a move in the right direction," Sen. Ben Nelson (D-NE) told reporters yesterday. "So there's no doubt...that clearly would be one [area of improvement]--but again you have to have a lot of faith and trust in the scoring system."

Nelson cautioned that the CBO numbers released yesterday are preliminary, and subject to some uncertainty, but basically applauded the bill for being fiscally responsible.

But is that what's really driving the moderates' skepticism?

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Topics: Ben Nelson, Blanche Lincoln, CBO, Congressional Budget Office, Harry Reid, Health Care, Mary Landrieu, Public Option, Senate

CBO

CBO Says Higher Premiums Under Senate Public Option, 'Opt-Out' Clause Would Impact One-Third Of Consumers


Senate Majority Leader Harry Reid (D-NV)

The CBO has posted its first analysis of the Senate's health care bill, which you can access
here.

As advertised, the bill reduces the deficit considerably in both the near- and long-term, while expanding coverage to 94 percent of Americans. By 2019, 25 million people would be buying insurance through a health insurance exchange.

However, it's not all roses. For instance, based on an assessment of the political popularity of the public option, the CBO has concluded that enough states will "opt out" to prevent a full third of consumers from purchasing government insurance.

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Topics: CBO, Congressional Budget Office, Harry Reid, Health Care, Public Option, Senate

Health Care

Reid Outlines Bill For Caucus, Warns Conservative Dems That Reconciliation Is Still An Option


Sen. Harry Reid (D-NV) and Sen. Charles Schumer (D-NY)

At a special evening meeting of the Democratic caucus tonight, Senate Majority Leader Harry Reid outlined, in broad strokes, the details of his health care bill, which the CBO has found, in a preliminary analysis, will expand coverage to 94 percent of Americans while reducing the deficit. And earlier in the day, during a separate meeting about floor procedure, Reid let three of his party's key skeptics know that if they join Republicans at any stage of the process to block the bill, he still retains the option of passing major parts of it through the filibuster proof budget reconciliation process.

In response to a question from TPMDC Nelson told reporters that, at a meeting this afternoon with Sens. Mary Landrieu (D-LA) and Blanche Lincoln (D-AR), Reid "talked about process, procedure, discussion about reconciliation and a whole host of issues of that sort."

"Nobody's really jumping up and down to push for reconciliation," Nelson said, "he's not threatening that, but anybody can conclude that if you don't move something on to the floor, that is one of the possibilities."

Nelson said he has still not committed to vote for even the first procedural vote, but in a sign that he's leaning toward bringing a bill to the floor, he emphasized his view that the floor debate is a chance to improve the legislation. "I wanted to make it clear that that is, unlike some are suggesting, is not the vote...it's a motion to enter into the debate and possible amendments and improvements of the legislation" Nelson said. "The vote is the second cloture vote, and that is the cloture on a motion to cease debate, and I wanted that clear, because I've already begun to see people out there say, 'oh no, no, if you vote [to take it up] you've voted for health care."

Senate Minority Leader Mitch McConnell (R-KY) has explicitly stated that the Republican party will treat Democrats who vote for any procedural motion as if they've voted for the entire health care bill.

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Topics: Abortion, Barbara Boxer, Bart Stupak, Ben Nelson, Bob Casey, Congressional Budget Office, Democrats, Harry Reid, Health Care, John Kerry, Public Option, Senate

CBO

Reid To Unveil Health Care Bill To Caucus At Evening Meeting


Senator Chris Dodd (D-CT), Senator Harry Reid (D-NV), Senator Max Baucus (D-MT)

Senate Majority Leader Harry Reid will unveil and discuss his health care bill to Democrats at a special 5 pm caucus meeting tonight, leadership sources say. Reid hopes to brief the caucus before the bill is publicly unveiled, and that could happen late tonight. A CBO analysis of that legislation is expected to be unveiled publicly somewhat earlier in the day, and despite some last minute road bumps, Reid is very pleased with the report.

Reid may give the public 72 hours to review the bill before holding a cloture vote on a motion to proceed this weekend, though he may call for that vote slightly earlier.

Republicans, led by Sen. Tom Coburn (R-OK) are expected to call for the entire bill to be read aloud before debate can begin in earnest after the Senate returns from a week-long Thanksgiving recess at the end of the month.

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Topics: CBO, Congressional Budget Office, Harry Reid, Health Care, Senate, Tom Coburn

Health Care

Conservatives Celebrate Embarrassing CBO Analysis Of GOP Health Care Bill


Rep. Mike Pence (R-IN)

I noted yesterday that, in its own quiet way, the Congressional Budget Office gave the Republicans' health care bill a failing grade: A package seemingly meant to address the problem of the uninsured that does almost nothing to expand insurance or lower premiums.

But somehow, someway, conservatives don't seem to have noticed. In fact, they're celebrating!

"As a result of the House Republican bill, the non-partisan Congressional Budget Office now confirms that families will see their health care premiums reduced by up to 10 percent and hard-working taxpayers can expect deficits to decrease by $68 billion over the next decade," reads a statement from Rep. Mike Pence (R-IN).

Let's go to the tape:

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Topics: CBO, Congressional Budget Office, Health Care, House of Representatives, Mike Pence

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